Energy, communication services stocks power Sri Lankan shares
- CSE All Share index settled 0.16% higher at 22,459.28
Sri Lankan shares closed higher on Thursday, led by gains in energy and communication services sectors.
The CSE All Share index settled 0.16% higher at 22,459.28.
Most sectors advanced on the day, while Industrial Asphalts
and Autodrome were the top two percentage gainers on the benchmark index, rising about 25% each.
Trading volume on the CSE All Share index declined to 170.8 million shares from 185 million in the previous session.
The equity market’s turnover dropped to 5.55 billion Sri Lankan rupees (about $18 million) from 6.22 billion rupees in the previous session, exchange data showed.
Foreign investors net sold stocks worth 210.2 million rupees, while domestic investors were net buyers, purchasing shares worth 5.49 billion rupees, the data showed.
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